We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts workTerraced house · PL24 2SQ
Sold STCListed 37 daysAuction 8 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction - Lot 19 - Long Leasehold Commercial Unit Bidding opens: 06/10/2026 12:00 Auction scheduled to end: 08/10/2026 14:38 online auction from 6th October - 8th October 2026 Situated on the established commercial corridor of Par Moor Road, this versatile industrial unit offers an opportunity for investors, owner-occupiers and developers seeking a practical commercial base in Cornwall.
The accommodation provides a substantial internal space with loading and servicing access.
It may suit warehousing, storage, trade counter, workshop, fabrication, vehicle repair, servicing, distribution, plant storage or other commercial uses, subject to all necessary planning permissions and consents.
The unit is well placed for access to local trade, industrial and retail occupiers, together with the wider road network. Tenure Leasehold.
999-year lease from completion at a ground rent of £1 per annum. Note VAT is applicable to the purchase price. Tenure: Leasehold. 999-year lease from completion at a ground rent of £1 per annum.
Tenancies: To be sold with vacant possession
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Unit 1, Par Moor Road, Par
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